Environmental grant impact report

2012 Our environmental commitment

As a member of the global community, Wells Fargo takes leadership and responsibility for helping to protect and preserve our environment. We are working to ensure our operations, actions, and investments drive and support positive environmental change. We’re seeking new ways to minimize our energy consumption, address climate change, reduce waste, and support renewable sources of energy as well as making investments in our local communities.

In April 2012, we released a new environmental commitment with a comprehensive set of goals and metrics that we can measure against through 2020. Part of our commitment includes a $100 million environmental Part of our commitment includes a $100 million philanthropy goal environmental philanthropy goal by 2020 to by 2020 to increase our overall giving to critical environmental increase our overall needs that will help build stronger communities giving to critical today and into the future. environmental needs that will help build stronger communities today and into the future. To help us meet this goal, in 2012 we launched two strategic environmental grant programs focusing on community-based environmental projects as well as investments that foster innovation and lead to advancements in clean technology. Both grant programs fund projects in key environmental sectors such as renewable energy, “green” buildings, sustainable agriculture, and much more — areas where we are also leaders in providing our banking services. The need for increased environmental stewardship

In our giving approach we found the pertinent facts below have shaped our long-term strategy for increasing our overall giving to environmental causes and supporting the transition to a clean energy economy. These estimates outline the significant challenges we are facing as a global community but also provide us tremendous opportunities to develop new and innovative solution-based technologies.

• The global population is estimated to be 9.3 billion by 2050.1

• World energy demand is estimated to increase 36% through 2035.2

• Food demand is estimated to increase 50% by 2030.3

• Water stress is estimated to have an impact on 4 billion people worldwide, or 47% of the world’s population, by 2030.4

How are we doing so far?

In 2012, we awarded $8 million in environmental grants (up 80% from 2011) to nearly 400 nonprofits across the country. Approximately $6 million was 2012-Environmental Grant awarded through our two environmental grant programs; the other $2 million Programs ($6M) was provided through local and regional giving channels. This report will highlight our newly established programs and deliver a summary of the impacts our grants are yielding, as well as provide a list of grant recipients funded through the programs. Over time, we will focus on further developing these and other programs to help us meet our $100 million by 2020 philanthropy goal as well as seek meaningful ways to measure and communicate the positive social, economic, and environmental outcomes of our volunteer and grant programs.

Environmental solutions for communities Clean technology and innovation Wells Fargo Environmental Grant Program

Clean Technology and Innovation Program Clean Technology In order to support a global clean energy economy, we require and Innovation new technologies to maximize natural resources and minimize the impact we are having on our planet. This national program focuses specifically on supporting innovative organizations, universities, colleges, industry labs, and others focused on research, development, and the commercialization of new clean energy technologies related to renewable energy, energy efficiency, “green” buildings, alternative transportation, sustainable agriculture, and water. Grants through this program support some of the world’s strongest clean technology incubator and accelerator programs that have built a platform to Renewable energy Alternative transportation foster entrepreneurs and businesses seeking to provide solutions Energy efficiency Water in a low carbon economy. Support for these entrepreneurs and Sustainable ag All clean tech businesses lead to job creation and economic development.

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Environmental Solutions for Communities Program Environmental Solutions Today our communities are facing many challenges related to economic for Communities development, housing, jobs, education, and environmental concerns. This grant program is designed to support local projects that engage communities by linking economic development and community well­ being to the stewardship and health of the environment. We have established and funded a five-year, $15 million grant program with the National Fish and Wildlife Foundation (NFWF), a nonprofit leader in conservation, to help guide our funding efforts to local nonprofits focused on sustainable agriculture and forestry, land conservation and water resource management, habitat and urban ecosystem restoration, “green” infrastructure investments, and economic development and environmental education. This program encourages broad- Community-based Community outreach based citizen participation through our vast network of Green Team and education volunteers and also seeks to find projects that provide support in Urban forestry Green infrastructure low-to-moderate income rural and urban communities. The program and agriculture and energy efficiency funds projects in 25 – 30 priority markets rotating annually in banking communities we serve across the United States; many of these projects may also be eligible for further funding through federal matching grants that are identified by the NFWF. In the inaugural year ofthis program, we invested more than $4.6 million that includes more than $1.6 million of federal matching dollars to nearly 70 projects across 30 communities in the United States. 2012 Environmental Grant Program impacts by the numbers5

Environmental impacts Did you know? 166,2686 trees planted 8,6226 acres of habitat restored 19,3206 cubic meters of water conserved 21,0256 tons of CO2 reduced 1696 tons of nutrient sediment reduced 2,041,0006 gallons of water runoff restored 6 6 20,000 acres of land conserved 6,551 sq. ft. of area Over the course of 50 years, treated for storm water management a single tree can generate $31,250 of oxygen, provide 4,009.57 kW-AC of solar installed these systems are 7 $62,000 worth of air pollution projected to generate more than 224,600 kWh of clean control, recycle $37,500 worth energy over the life of the systems; equivalent to removing of water, and control $31,500 20,9717 cars from the road worth of soil erosion. (Arbor Day Foundation)

Social impacts Did you know? 1,2717 solar homes installed creating $37,000,0007 dollars in energy savings for 3,5007 homeowners, providing 70,0007 hours of hands on training to community members 6 40,267 community members engaged in projects For each new high tech job that 8 is created, five new jobs will 33% of grants served LMI Communities follow in the same community. 1,0486 jobs created in 2012 (Source: Enrico Moretti, Professor of Labor Economics, 6 226 individuals trained 2,345 Wells Fargo Volunteer hours invested UC Berkeley, WSJ 9/18/13) 25 volunteer events with 400+ Wells Fargo Volunteers

Economic impacts Did you know? $9,918,7886 leveraged and matching dollars raised by our grants 9 $1,855,000 dollars in prize money awarded for clean tech and business competitions 9 9 308 new patents issued for clean tech innovations 1,243 applicants for new clean tech start-up companies participating in sponsored One of our grantee award incubator or accelerator programs winners, Imagine H20, one of 9 the world’s leading water $15 million of outside funds raised in 2012 30 Number of states technology and innovation that received funding through our programs accelerators, is currently 10 responsible for $1 out of every $51,918.30 in Wells Fargo volunteer labor through our $10 of investment that goes grant programs towards early stage water innovation. (Source: ImagineH20.org) Where we gave

WA MT OR MN ID SD WI NY WY IA PA NE UT IL CA CO MO VA CT NC DC AZ TN NM GA MA

TX MD AK FL

2012 Environmental Grant Program recipients by state Alaska Full Circle Fund Colorado The Alaska Botanical Garden Golden Gate National Parks Conservancy Alliance for Sustainable Colorado Cooper River Watershed Project Go Green Initiative Association Alliance for Sustainable Energy Kenai Watershed Forum Gold Ridge Resource Conservation American Solar Energy Society, Inc. Arizona District Colorado State University – Ft. Collins Paula and Cabot Sedgwick Family Green Hive Foundation Denver Bike Sharing Foundation Grid Alternatives Denver Civic Ventures, Inc. Valley Forward Association Groundwork Opportunities Natural Capitalism Solutions, Inc. – Boulder California Intersection for the Arts Acterra Action for a Sustainable Earth Malibu Creek Aquatic and Riparian The Greenway Foundation - Denver Alliance for Climate Education Habitat Restoration Trout Unlimited – Denver Chapter Analy High School Education Foundation Marin Art and Garden Center Urban Land Institute – Denver California Institute of Technology Multinational Exchange for Sustainable University of Colorado Foundation – Agriculture (MESA) Boulder Cal-Start Plug in America Volunteers of Outdoor Colorado Capital Public Radio, Inc. Regents of the University of California Cleantech Open Connecticut Sacramento Valley Conservancy Chula Vista Nature Center Yale University, School of Forestry & San Francisco Chamber of Commerce Environmental Studies Ciclavia, Inc. Foundation Coachella Valley Economic Partnership Surfrider – statewide Audubon of Florida Community Initiatives The Common Wealth Club Conservancy of Southwest Florida Donor’s Choose The Trust for Public Land Miami Science Museum ECODADS TreePeople, Inc. Osceola County Friends of the Colorado Lagoon Unites States Green Building Council Conservancy Friends of the Urban Forest We Care Solar University of Miami Women’s Foundation

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Georgia New Mexico Tennessee Appalachian Community Enterprises, Forest Guild Cumberland University Inc. Innovate Educate NM Texas Atlanta BeltLine, Inc. New Mexico State University Friends of the Fort Worth Nature Trees Atlanta, Inc. Foundation, Inc. Center & Refuge, Inc. United States Green Building Council – Rio Grande Community Farm Guadalupe-Blanco River Trust – Gulf Atlanta Coast Idaho Tree New Mexico National Parks Conservation Association - Houston The Land Trust of the Treasure Valley New York Trout Unlimited, Inc. Buffalo Olmstead Parks Conservancy Sustainable Food Center (SFC) – Austin Donor’s Choose Illinois The Student Conservation Clean Energy Trust – Chicago Groundwork Hudson Valley, Inc. Association, Inc. - Dallas Imagine H20, Inc. Iowa Randall’s Island Park Alliance Utah Iowa Natural Heritage Foundation City of West Jordan Wildlife Conservation Society Trees Forever The Nature Conservancy Maryland/District of Columbia North Carolina University of Utah Catawba Riverkeeper Foundation, Inc. Anacostia Watershed Society Utah Conservation Corps Charlotte- Mecklenburg Public Schools American Farmland Trust Foundation Virginia Chesapeake Bay Foundation City of Richmond Dogwood Alliance, Inc. Earth Day Network – DC National Wildlife Federation Envision Charlotte National Fish and Wildlife Foundation Foundation for a Sustainable Washington - DC Community, Inc. Basel Action Network Parks & People Foundation – Baltimore North Carolina Arboretum Society Stewardship Partners – Seattle United States Green Building Council The Nature Conservancy Craft3 – Seattle – DC University of North Carolina at Northwest Natural Resources Group - World Resources Institute – DC Chapel Hill statewide Massachusetts University of North Carolina at Wisconsin Ceres, Inc. Charlotte Growing Power, Inc. Harvard University Yadkin Riverkeeper Hunger Task Force, Inc. Massachusetts Institute of Technology Oregon University of Wisconsin- Milwaukee Slow Money Friends of Trees Urban Ecology Center Minnesota Lower Columbia River Estuary Partnership Wyoming Regents of the University of Minnesota Fremont County Board of Cooperative The Trust for Public Land Portland State University Foundation Education Services The Nature Conservancy SOLV Grand Teton National Park The Freshwater Trust Missouri Foundation Missouri Coalition for the Environment – Pennsylvania The Nature Conservancy St. Louis Community Action Development Wildlife Conservation Society Corp of Lehigh Valley /Tree Philly Montana Museum of the Rockies Fairmount Park Conservancy – Philadelphia Nebraska Materials Research Society City of Omaha South Dakota , Inc. The Nature Conservancy Vision Brookings Foundation World Wildlife Fund, Inc. References and footnotes (follow EF report) 1 U.S. Bureau of the Census, Current Population Projections 2 IEA World Energy Outlook 2011 3 Food and Agriculture Organization of the UN 4 OECD Environmental Outlook to 2030 5 The “By the Numbers” figures are estimates of environmental, social, and economic impacts and outcomes that have been funded by our Wells Fargo environmental grant programs. Many of the individual figures were provided directly by the grant recipients, who used various equivalency and impact calculators (i.e. EPA.gov calculator for ghg emissions) to estimate their outcomes and ROI. The aggregate numbers represent the totals from the grant applications that were awarded funding through the Wells Fargo FOUNDATION. 6National Fish and Wildlife Foundation, 2013 Wells Fargo Environmental grantee recipients 7Grid Alternatives nonprofit, EPA ghg equivalency calculator 8 National Fish and Wildlife Foundation, LMI defined by HUD.gov 9 Wells Fargo Clean Technology and Innovation grantees and Grid Alternatives 10Independent Sector Labor Calculator, only for Environmental Solutions for Communities grant program and Grid Alternatives projects: http://www.independentsector.org/volunteer_time#sthash.ij1OHC0y.dpbs © 2013 Wells Fargo Bank, N.A. All rights reserved. Member FDIC. ECG-1162453